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Dividend Vision

MPL — Defiance Daily Target 2X Long MP ETF

Defiance Daily Target 2X Long MP ETF (MPL)

MPL carries a 1.31% expense ratio. Total return is -66.2% over the past 0.8 years, 45.5 points behind MP at -20.7%.

Defiance Daily Target 2X Long MP ETF is an actively managed ETF that seeks to deliver two times the daily percentage change in MP Materials' share price through derivatives including swap agreements and listed options contracts, with the goal of matching this leveraged performance on a single-day basis only. The fund carries a modest asset base and an expense ratio of 1.31%. This security appeals to traders seeking short-term leveraged exposure to MP Materials rather than buy-and-hold investors, as it is designed for daily rebalancing and does not track performance over longer periods.

MPL key facts

Issuer
Defiance ETFs
Asset type
ETF
Asset class
Equity
Inception date
10/20/2025
Expense ratio
1.31%
Distribution frequency
None
Last close
$16.05
AUM
$5,390,685
Average volume
67100.0
Beta
5.0253